Daimler AG has taken up a 10% stake worth US$50 million in electric car maker Tesla Motors, a move that depends their already pre-existing relationship where Tesla would equip 1,000 Smart cars with their electric motor and battery technology. According to Daimler chairman and Mercedes-Benz head Dieter Zetsche, Daimler wanted more than a supplier-customer relationship with Tesla.
“We are in a time of change. This industry is going through a kind of paradigm shift, and has to reinvent itself ultimately to be independent of petroleum and without CO2 emissions. We need fast technology change,” said Zetsche, and it seems that he sees Tesla’s technology as a way to achieve that fast technology change.
Of course this is a big score for the electric car camp. Any big manufacturers who votes yes for electric cars will steer the industry more towards electric motors and batteries instead of fuel cell cars or extended range hybrids as the defacto method of car propulsion in the future. Daimler has also invested in German battery company Li-Tec, and founded a battery production JV with Evonik Industries. These might end up supplying batteries for both Tesla and Daimler electric cars.
This could also mean Mercedes-Benz platforms could be used for future Tesla like a replacement for the Model S (shown above) in the future, but then again with the versatility in packaging with an electric car, a platform designed for a combustion engine might not be the completely optimal solution.
After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history. An avid electronic gadget aficionado as well as big-time coffee lover, he's also the executive producer of the Driven motoring TV programme.
1st
is it goo dif this car sell in Malaysia….
I think it is a good investment. Daimler can also help to solve some technical glitches faced by Tesla.
"a platform designed for a combustion engine might not be the completely optimal solution."
The A-Class platform is designed for alternative drives (sandwich bottom). That's the reason why the fuelcell Mercedes are A-Class.
Hmm, looks like Daimler trying to slowly eat up Tesla and make it part of their own. And maybe that 5+2 seater tesla car which is a Jag impressed them so much to make the deal
Yeah!! Tesla will soon see in Bolehland !!!! Danm Cool car.